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SteadyTrade

This Commodity Could Spark the Next World War

SteadyTrade

SteadyTrade.com

Business, Education, Investing

4.6589 Ratings

🗓️ 28 August 2024

⏱️ 31 minutes

🧾️ Download transcript

Summary

Water – or “blue gold,” as it’s often called – is a difficult topic to get investors excited about because it’s all around us and part of our daily life. But even though water covers 71% of the Earth’s surface, only about 0.5% of it is available fresh water. We understand that there’s hesitancy in believing that water is an investable commodity – especially when you pay $7 per bottle at airports and sporting events. But we guarantee that today’s new episode of the SteadyTrade Podcast wi...

Transcript

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0:00.0

Welcome back to the Stady Trade podcast, everyone, back with Matt McCall and a very cool topic today.

0:15.4

This one has been kind of on my mind for years. I actually remember probably about like 10 years ago. I got asked

0:23.3

it. I don't even remember who it was. It was like a webpage and they were like asking opinions

0:27.7

like for trends, et cetera. And you know, they sent me like three questions. And this was like 10 years

0:34.1

ago. And I try and dig it up. But one of the ones that I saw is like a future trend was water and water scarcity, et cetera.

0:43.7

You know, I think a lot of the listeners know I'm in a rural area in Michigan, a lot of farmland, a lot of irrigation.

0:53.0

And there's issues.

0:53.9

Like there's a lot of times the issue

0:55.4

use is these farmers are running their irrigation. And like some people have problems with their

0:59.9

wells and stuff like that. Like, there's an issue there because a lot of these GMO crops,

1:06.1

they basically got a lot of these things or they have problems, et etc. So I kind of saw it from that perspective.

1:13.2

And then, you know, obviously other issues in the world.

1:16.9

And then you fast forward to now and we've got all of this data center stuff going on.

1:22.1

And one of the, I'll make a point.

1:24.2

We'll link it.

1:24.8

Asianometry is a great YouTube channel for nerds.

1:28.5

You know, it's all like old computer and stuff like this. But it was one, he did a great one on

1:34.5

data center. I actually kind of watched it as prep for when we talked about data centers a few

1:39.0

months ago. And his point was like a big issue that a lot of these companies are having is getting enough water to do the cooling, et cetera.

1:48.7

And a lot of these data centers are in water scarce areas.

1:51.4

So it creates this loop.

1:53.2

So that's the map brought the topic today.

...

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